Data quality is critical for making informed investment decisions, managing risks, and staying compliant with regulations. For capital owners, managers, and companies alike, reliable data leads to better decisions, while poor data can result in missed opportunities and financial losses.
At Harmony, we ensure that data from multiple sources is accurate, consistent, and actionable. Our approach includes:
Standardizing Units
Ensuring metrics are comparable across the board.
Triangulating Data
Verifying data accuracy by cross-referencing multiple sources.
Normalizing Metrics
Adjusting for factors like company size to make meaningful comparisons.
Validating Trends
Ensuring data aligns with industry norms and historical trends.
Harmony’s structured method ensures that decisions are based on accurate, reliable data helping to avoid costly mistakes and maintain compliance.
Sample Metrics to Track for Capital Owners and Managers
Carbon Emissions
Compliance with laws like California’s Climate Disclosure Law requires tracking Scope 1, 2, and 3 emissions. Failing to do so risks fines and reputational damage.
Water Usage & Waste Management
Regulations like the EU’s CSRD demand detailed metrics, essential in industries facing long-term resource risks.
Labor & Workforce Metrics
With regulations such as Europe’s SFDR, tracking metrics like gender pay gaps and employee turnover is crucial for understanding workforce sustainability.
Supply Chain Resilience
Supply chain risks—whether from diversity, material sourcing, or geographic dependencies—are increasingly scrutinized under laws like the German Supply Chain Act.
We understand the complexities of legal requirements, and our platform presents data in a format that aligns with these regulations, streamlining the compliance process.
Peer Comparison: A Competitive Advantage
With Harmony data, capital owners and managers can also benefit from peer comparison, as they identify gaps and risks. Monitoring how a company compares to its peers in areas like energy efficiency, employee turnover, or R&D spending helps mitigate potential risks and uncover growth opportunities.
Keeping up with industry trends and competitors’ responses to regulations offers insights into adjusting strategies, maintaining compliance, and improving long-term value.
Harmony’s Role
Harmony Analytics helps capital owners, managers and companies focus on the right environmental and human capital metrics. By benchmarking against over 11,000 companies, we assist in navigating complex regulations and enhancing strategic decisions
Connect with us to leverage data quality for long-term success and compliance.
